PT Buana (Indonesia) Market Value
| STAR Stock | IDR 50.00 0.00 0.00% |
| Symbol | STAR |
PT Buana 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to PT Buana's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of PT Buana.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in PT Buana on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding PT Buana Artha or generate 0.0% return on investment in PT Buana over 30 days. PT Buana is related to or competes with Japfa Comfeed, Charoen Pokphand, Erajaya Swasembada, Indofood Cbp, and Pakuwon Jati. More
PT Buana Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure PT Buana's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess PT Buana Artha upside and downside potential and time the market with a certain degree of confidence.
PT Buana Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PT Buana's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PT Buana's standard deviation. In reality, there are many statistical measures that can use PT Buana historical prices to predict the future PT Buana's volatility.PT Buana Artha Backtested Returns
We have found three technical indicators for PT Buana, which you can use to evaluate the volatility of the company. The company owns a Beta (Systematic Risk) of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and PT Buana are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
PT Buana Artha has no correlation between past and present. Overlapping area represents the amount of predictability between PT Buana time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of PT Buana Artha price movement. The serial correlation of 0.0 indicates that just 0.0% of current PT Buana price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
PT Buana Artha lagged returns against current returns
Autocorrelation, which is PT Buana stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting PT Buana's stock expected returns. We can calculate the autocorrelation of PT Buana returns to help us make a trade decision. For example, suppose you find that PT Buana has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
PT Buana regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If PT Buana stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PT Buana stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PT Buana stock over time.
Current vs Lagged Prices |
| Timeline |
PT Buana Lagged Returns
When evaluating PT Buana's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PT Buana stock have on its future price. PT Buana autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, PT Buana autocorrelation shows the relationship between PT Buana stock current value and its past values and can show if there is a momentum factor associated with investing in PT Buana Artha.
Regressed Prices |
| Timeline |
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PT Buana financial ratios help investors to determine whether STAR Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in STAR with respect to the benefits of owning PT Buana security.